Economic activity across the United States weakened further in November, according to a report released Wednesday by the U.S. Federal Reserve.Since the Fed released its last beige book in mid-October, economic activity has softened further across all 12 of theFederal Reserve districts, which include major cities such as New York, Cleveland, Richmond, Atlanta and Chicago.“Districts […]
Production of goods rebounds ahead of October turmoil
Drop in global demand will reduce operating rates at assembly plants across North America to one of the lowest levels on record
Sales hit 17-year low
Orders for durables goods fall sharply
Q3 GDP softer than first thought
Gasoline, food prices help fuel strongest rise in eight months
Economic uncertainly clouds outlook: Conference Board
Core inflation holds steady
The OECD area likely saw GDP fall for the first time in seven years, down 0.1% in the third quarter, the Organization for Economic Co-operation and Development reported Thursday.According to preliminary estimates, U.S. GDP fell by 0.1% in the third quarter, the first contraction since the third quarter of 2001. Japan’s GDP also declined by […]